| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 15,043 | 150 | 14,893 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| Computer | 2011-09-01 | 634 | 158 | SL | 5.000000000000 | 127 | 0 | ||
| Deposit on Building | 2012-12-31 | 31,596 | NC | 0 % | 0 | 0 | |||
| Land | 2004-07-01 | 704,277 | L | 0 | 0 | ||||
| LAND | 2013-07-01 | 2,696 | L | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Bond mutual funds | 2,960,689 | 2,960,689 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Equity mutual funds | 7,199,120 | 7,199,120 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Computer | 634 | 285 | 349 | 349 |
| Deposit on Building | 31,596 | 0 | 31,596 | 31,596 |
| Land | 704,277 | 0 | 704,277 | 704,277 |
| LAND | 2,696 | 0 | 2,696 | 2,696 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal fees | 9,016 | 90 | 8,926 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Due from Logan Health Care Real Estate Foundation | 1,853 | 2,105 | 2,105 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Telephone | 1,610 | 0 | 1,610 | |
| Supplies | 729 | 0 | 729 | |
| Dues & Subscriptions | 750 | 0 | 750 | |
| Miscellaneous | 276 | 0 | 276 | |
| Bank fees | 42 | 0 | 42 | |
| Office expense | 151 | 0 | 151 | |
| Insurance | 10,612 | 0 | 10,612 | |
| Penalties | 19 | 0 | 0 | |
| Rental expenses | 680 | 680 | 0 |
| Description | Amount |
|---|---|
| Unrealized gain on investments | 331,795 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Due to Logan Medical Foundation | 175,669 | 175,788 |
| Federal income tax payable | 0 | 7,718 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment advisor fees | 44,814 | 44,814 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 3,457 | 35 | 3,422 | |
| Real estate taxes | 891 | 891 | 0 | |
| Federal income taxes | 8,652 | 8,652 | 0 | |
| Licenses | 25 | 0 | 25 |